Which of the Following Can Cause a Leftward Shift in the Aggregate

question 6

Multiple Choice

Which of the following can cause a leftward shift in the aggregate supply curve?

• A)A major natural disaster such as hurricane or earthquake.
• B)Lower marginal tax rates.
• C)A bumper agricultural crop.
• D)Trade liberalization.

---

Definitions:

Existing Jobs

The current positions of employment within an organization or the economy at large.

Australian Employees

Workers or staff legally employed in businesses or organizations within Australia, subject to the country's labor laws and workplace standards.

Proportion Declined

The percentage or fraction of a quantity or element that has decreased over a specified period.